EUR/GBP Steadies Ahead of the Bank of England Rate Decision
The pair is having a bad month despite the hint of more hikes by the ECB, but catches a breath today, as Thursday’s policy decision by the Bank of England looms
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The pair is having a bad month despite the hint of more hikes by the ECB, but catches a breath today, as Thursday’s policy decision by the Bank of England looms
Watch today’s US Open for commentary on EUR/USD and NAS100 after Friday’s strong US jobs report and ahead of the US CPI inflation report, Apple’s outlook after its recent quarterly results and more
XAU/USD set new record highs last week, as the Fed’s pause hint weighed on the greenback and steadies off those levels, as markets brace for another inflation update from the US
the pair registered its sixth straight profitable day on Monday, boosted by the latest RBA and Fed monetary policy decisions, but faces difficulties today at a region it has rejected before
The commodity slumped to new year lows last week, but bounced back as demand fears ease due to the Fed’s pause hint, strong US PMI’s and jobs report, as well as China’s holiday traveling, although headwinds persist
NAS100 rose on Friday as markets viewed the solid employment report as a sign against recession, also helped by tech earnings and easing banking fears, but is cautious today as upcoming inflation figures loom
The US central bank (Fed) and its European counterpart (ECB) adopted very different monetary policy approaches after the failure of SVB and the divergence persisted after this week’s latest decisions, as the stress in the banking sector persists
Overall Revenue dropped for the quarter ended April 1, but iPhone sales increased against the industry’s shipments squeeze, supporting Apple’s top line
Watch today’s US Open for commentary on the latest policy decisions by the Fed that hinted to a pause and the ECB, which moderated the pace of tightening, but pointed to more rate hikes
The US Fed hiked rates again on Wednesday, but opened the door to a hold, helping Copper prices, as markets digest prospect of economic slowdown
The US central bank hiked rates by another 0.25% to what could be the terminal level, but did take more moves off the table, balancing between financial stress and persistent inflation
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